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Henry is planning to purchase a Treasury bond with a coupon rate of 4.82% and face value of $100. The maturity date of the bond

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Henry is planning to purchase a Treasury bond with a coupon rate of 4.82% and face value of $100. The maturity date of the bond is 15 May 2033. (b) If Henry purchased this bond on 2 May 2018, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 2.16% p.a. compounded half-yearly. Henry needs to pay 24.4% on coupon payment as tax payment and tax are paid immediately. Select one: O a. 118.8346 O b. 120.6552 O c. 120.1180 O d. 120.6567

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